Jan Hetfleiš’s Post

Minting pictures as NFTs straight from your phone's camera is a game changer. And let me tell you why. Phantom has launched Camera Mint, a feature in its mobile wallet that allows you to convert photos & videos directly into NFTs. Think about how difficult it is to prove that a piece of content is yours. By taking an image IRL & uploading it onchain, you can instantly share it online and prove that it is yours. There are 3 use cases that come to mind. 1️⃣ Imagine something is happening live. You see a robbery, an explosion or whatever. You take a picture and put it on Twitter. People right click and save it and you have no idea who took the photo first. If you mint it, you get a verification that you were the original source. This could also be huge for journalists. 2️⃣ Think about celebrities, big brands, people who want verified truth when they post online. They want people to be able to tell the truth from fake. They are constantly fighting that. Not long ago, someone used AI to create an ad for a dental plan featuring Tom Hanks, and wasted his time explaining that he had nothing to do with it. This is exactly the problem that onchain verification can solve. 3️⃣ And let's not forget loyalty programs. If you put an image on a chain, it can interact with smart contracts. Think about Starbucks Odyssey. You could have a contest to take a picture with your drink at Starbucks. Right now that happens offchain. But they could add this feature in their app that would verify the source and automatically enter you into the competition. You could also get the prize right in your wallet. This could change a lot in terms of loyalty contests and interaction with brands. 🤔 Right now, Camera Mint charges about $1 per upload. That's quite a lot and not sustainable if you want the masses to use this feature. But I believe the fee will be reduced in the future. Let me know when you think that might be useful. #Web3 #Liweb3 #NFT #DigitalOwnership #Blockchain